Klayton Price Analysis: Klay bulls consolidating strength to breach $2.00 resistance

TL;DR Breakdown Today’s Klayton price analysis is bearish KLAY/USD traded in a range of $1.8750 – $1.920 Klayton Price Analysis: General price overview Today’s Klayton price analysis is bearish for the next 24 hours after the coin’s price action rejected further upsides earlier today and underwent another plummet to the $1.8500 support. Therefore, we are expecting KLAT/USD to continue correcting downwards later today and target the $1.60 support next. The general cryptocurrency market performed bullishly over the last 24 hours. Market leaders Bitcoin and Ethereum lost by 0.98 and 0.81, respectively. Meanwhile, Cardano (ADA) is among the best performers, with a gain of almost 6 percent. Other gainers include Dogecoin, Solana, and Polkadot.  Klayton price movement in the last 24 hours: Ethereum declined back to $1.8500 support. KLAY/USD traded in a range of $1.8750 – $1.9200, indicating mild volatility over the last 24 hours. Trading volume has dropped by 6.35 percent and sums $132 million. Meanwhile, the total Klayton market capitalization trades around $4.2 billion, increasing by 1.65 percent on the 24-hour chart. KLAY/USD 4-hour chart: KLAY set to break below $2,950? On the 4-hour chart, we can see the Klayton price action advancing towards the $1.90 resistance level in an attempt to retest $2.00. Nonetheless, the bulls are struggling to remain intact at this point, and a plummet could take place anytime.  Sou...